20/6/2019 0 Comments
I’ve been putting together a list of opportunities on startup incubators, and accelerators for the members of some of my tech meetup groups, and thought it made sense to share it more widely.
At Purposeful Products we run our own programme with specialist content for tech startup founders / entrepreneurs running tech driven businesses, but we collaborate with a number of accelerators and actively cross promote services and resources because it's important to share knowledge!
If I’ve missed any hot opportunities, please comment, or message me, and I'll add them here, and if you know anyone this information would benefit, please share the love - send them a link, or post on social channels so people can apply!
NatWest Entrepreneur Accelerator Hub (national coverage)
NatWest runs 3 fully funded programmes for new and aspiring entrepreneurs.
Pre-Accelerator – an 8-week online programme for early stage startups, including webinars and workshops.
Entrepreneur Accelerator – a 6-month accelerator for high growth startups looking to scale, and includes desk space, support from mentors and advisors, and talks from external experts.
The Fintech programme runs in Bristol, Edinburgh, London and Manchester twice a year in April, and October.
Start date: Various
Duration: 8 weeks, to 6 months depending on the programme
Applications open from: Now open for the Accelerator
Application cut-off date: Enquire for details
Tech Startup Academy™ Incubator Programme by Purposeful Products (Camden, London)
Our programme actively addresses the major pitfalls that affect entrepreneurs new to the tech space.
We offer a flexible, “open incubator” which is modular in nature, enabling early stage tech founders from all sectors to explore their most pressing needs via a range of workshops designed specifically with tech focused startups in mind.
Our content has been externally assessed, and the Academy has been approved to offer an accredited diploma to entrepreneurs who wish to make their learning official with one of our certified programmes.
Purposeful Products is also a service provider, offering access to 50+ hours of tech-focused content to augment existing programmes run by accelerators and other organisations that support entrepreneurship.
Benefits include: content focused on the practical aspects of starting and running a tech driven business, founder resources, introductions / connections, community membership, and 1-1 / group mentoring.
Start date: Available to the public in London from July 2019, global from August 2019. Currently available to startup accelerators and 3rd party service providers.
Duration: Flexible. 8 weeks – 12 months
Applications open from: Now open, contact firstname.lastname@example.org for details.
Application cut-off date: None. Each individual will follow their own personal timeline.
EIT Changemakers Programme (King's Cross, London)
Are you interested in the FoodTech or AgriTech sectors, and in solving major world challenges?
EIT Food is Europe’s leading food innovation initiative, supported by the European Institute of Innovation & Technology.
The Change Makers Programme gives diverse talent (women and non-binary, LGBTQI+, and black, asian and minority ethnic people) the chance to become agrifood tech innovators and entrepreneurs, through events, mentorship and participation in a "startup weekend" of support and training to tackle the most pressing issues facing the global food system (food, agriculture and fisheries) from how food is produced, distributed, consumed and disposed of, and making the food system healthier, more trusted, and more sustainable.
To apply for the EIT FoodTech programme you don't need to have an idea, but need to be enthusiastic, ambitious and interested in launching a startup, or joining a team. The programme is being delivered in collaboration with YSYS, and Impact Hub King's Cross.
Participants will pitch their sustainable business ideas for a chance to receive a mix of grant funding and support, worth a total of 25,000 euro, split across 3 winning teams.
Start date: There will be meetups in July and August, 2019, with the Changemakers Programme taking place from October 4th-6th, 2019
Applications open from: 24th July, 2019
Application cut-off date: 1st September, 2019
EIT programme details: https://www.eitfood.eu/Entrepreneurship/projects/change-makers
Food & Health Meetup (July, 2019): https://www.eventbrite.co.uk/e/eitfoodchangemakers-food-and-health-meetup-tickets-64183504590
Hatch Enterprise programmes (South London)
Hatch Enterprise is currently running multiple programmes which offer 3 levels of support to assist female entrepreneurs:
Launchpad - (October 2019.) Test your business idea and get access to business workshops and mentoring to develop your idea into an MVP with additional marketing, finance, pitching, and sales support.
Incubator - a 6 month programme to grow your business with workshops, 1-2-1 business coaching and mentoring.
Accelerator - receive a business audit, and get prepared for scaling and funding with tailored business coaching, financial and legal support, and an opportunity to pitch your business to investors.
Start date: October 2019
Application cut off date: See website for details.
Applications are now open.
Apply here: https://femalefounders.london/
The Company, The Winch (North London)
This is a programme for 18-25 year old entrepreneurs.
The Company supports young adults with an entrepreneurial spark to take the first (or next step) towards becoming their own boss.
The Winch take a holistic approach to working with young entrepreneurs, ensuring that Associates have the professional skills and personal development support needed to succeed. It's a brilliant approach that takes into account entrepreneurs' whole lives, and not just the "business compartment!"
Apply here, and please feel free to spread the word to any young people you know that have an idea, and are interested in running their own business!
Benefits include: The 12 week programme includes workshops, mentoring and activities, office space, up to 3 years additional support, and the chance to pitch for investment.
Start date: September 2019
Applications open from: Open now
Application cut off date: September 2019
Duration: 12 weeks
LinkedIn company page: https://lnkd.in/ehRRKk8
We in Social Tech Accelerator (Wood Green, London)
Closed for cohort 2, but included because it's well worth keeping an eye out for applications for cohort 3 in Autumn, 2019!
We in Social Tech (WiST) is a free 6-month accelerator programme in North London for female-led businesses and applicants can apply if businesses are either female led, or teams are at least 50% female.
The programme accepts entrepreneurs who are idea stage, and those that have an existing business, who are social enterprises, community enterprises, or in the "tech for good" space.
Benefits include: access to two mentors per business, work space, regular workshops and more.
Start date: Cohort 3, January 2020
Duration: 6 months
Applications open from: Applications will open again later this year
Application cut-off date: TBC
OpenDoor, Plexal (Stratford, London)
Plexal was officially opened by Mayor of London in 2017 and is based on the site of the press centre for the London 2012 Olympic Games in East London.
OpenDoor from Plexal is a new programme for startups working on ideas that improve social inclusion. The focus of the first OpenDoor programme is to make work inclusive for everyone and teams should be user-centric with an emphasis on delivering impactful solutions.
Qualifying teams need to deliver solutions that:
· make it easier for people from under-represented groups to find quality work and thrive in their roles
· make workplaces more inclusive
· support entrepreneurs with inclusion challenges to start and grow successful businesses
Benefits include: support from business leaders, introductions and connections to investors, mentoring and free desk space.
Start date: September 2019
Duration: 12 weeks
Applications open from: now open
Application cut-off date: midnight, 12th July, 2019
FoundersDoor (East London / City)
FoundersDoor is a pre-accelerator that support 18–24 year olds from diverse backgrounds, helping them to get their startup ideas off the ground.
The programme is funded by OneTech, part of Capital Enterprise, and supports underrepresented tech founders in London, and is a stepping stone for young founders to prepare for a full-time accelerator, or their first investment round.
Benefits include: Saturday workshops and masterclasses to accelerate startup growth, support and coaching mentorship, invites to events, funding support, free office space at WeWork for 2 months, a network of entrepreneurs, technical experts and investors, a chance to receive equity-free funding and prizes at the end of the programme.
Start date: 6th July, 2019
Duration: Ends 18th August, 2019
Applications open from: Now open for the Accelerator
Application cut-off date: W/c 24th June. Only startups who have taken part in FoundersWeekend will be eligible. Follow this link to attend the founders weekend: https://www.eventbrite.co.uk/e/onetech-talent-founders-weekend-28-30-june-18-24-year-olds-tickets-60526321858
Zinc – Mission 3 (East London / City)
Mission 3 - To add 5 more high-quality years to later life.
Zinc is a mission led accelerator that supports entrepreneurs in creating companies that address major social challenges in the developed world. For their 3rd mission they are looking for 50 creative and entrepreneurial individuals who want to transform the quality of later life and have identified 10 opportunity areas.
They want to hear from people from across all backgrounds and skill sets including medical and social care professionals, creative technologists, entrepreneurs, designers and creatives, and social scientists.
Benefits include workspace in the City of London, connections, coaches, advisors and experts. Entrepreneurs are paid a stipend of £12,000 over the duration of the programme, and Zinc takes 8% equity as a founding shareholder.
Start date: 30 September 2019
Duration: 9 months, split into 3 phases – match, hatch and accelerate
Applications open from: Now open
Application cut-off date: 30th June, 2019
Kay Kukoyi (K.N. Kukoyi CSM FITOL).
Today I wanted to share some information about finding investors.
Have you heard of Decksender?
It's a brilliant resource for tech startups seeking to raise investment and sending out pitch decks.
You can get access to a massive list of investors here.
Decksender allows tech startup founders to describe their startups. The app will then match you against every investor on the platform and will guide you towards the best investors to send your pitch to!
Here's a huge tip for software entrepreneurs new to raising business investment: focus on angels and "pre-seed" VC's if you're at idea / prototype / MVP or are just launched and still building traction. It's common for entrepreneurs to approach the wrong types of investor, which reduces their strike rate, and is an inefficient use of time. Unless they have a focus on early-stage businesses, most VC's have little interest in startups without any revenue or track record of success as they are classed as too high-risk as an investment. VCs generally invest in more established startups, so unless the VC states otherwise, Angels, friends and family are the best places to secure your first round of investment.
To increase your chances of success, align your fundraising efforts to match the specific industries and startup / business stage that investors are most interested in. Many investors state the sectors or types of startups they invest in on their LinkedIn profiles or websites.
Investors looking for "seed" stage startups are looking for more established startups with early traction, and those already generating at least a minimum level of monthly revenue, with a clear and realistic strategy to ramp this up. (Once again, it's all about research - read up on the investor / investment company to check whether you qualify.)
Series A and B fundraises come much further down the line and startups have usually gone through several rounds of fundraising before reaching this point.
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